Futuros de petróleo leve brutoViés de alta
Crude Oil clear breakout
Crude oil, as previously heads up, has broken out of its triangle decisively.
It is now needed to clear 120 to continue its uptrend comfortably, with a near term target of 125.
Nonetheless, daily technicals are supportive, with bullish candlestick patterns, so 125 target is deemed reasonably attainable.
Longer term upside targets are 155-160, by early June, which is a little quick on the rise IMHO.
*updated chart from previously, with slight adjustments.
It is now needed to clear 120 to continue its uptrend comfortably, with a near term target of 125.
Nonetheless, daily technicals are supportive, with bullish candlestick patterns, so 125 target is deemed reasonably attainable.
Longer term upside targets are 155-160, by early June, which is a little quick on the rise IMHO.
*updated chart from previously, with slight adjustments.
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